JPMorgan Chase shares dipped amid fears of AI disrupting payment systems, with American Express and Mastercard also seeing declines. However, CEO Jamie Dimon dismissed these concerns, viewing AI as an opportunity. Separately, JPMorgan accused Donald Trump of fraudulently naming Dimon in a $5 billion lawsuit to keep the case in Florida, arguing the claims lack merit. JPMorgan Chase shares dipped amid fears of AI disrupting payment systems, with American Express and Mastercard also seeing declines. However, CEO Jamie Dimon dismissed these concerns, viewing AI as an opportunity. Separately, JPMorgan accused Donald Trump of fraudulently naming Dimon in a $5 billion lawsuit to keep the case in Florida, arguing the claims lack merit.
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After JPMorgan’s shares ‘crash’, CEO Jamie Dimon calls AI fears overblown
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